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  • #442,721
  • May 16, 2011 11:34am May 16, 2011 11:34am
Quoting mercy seat
Sunday I was writing a longer part to you ... but did not submit until now ... at least it contained a recommendation ... and a few LINKS with charting software ... like this one from RAMSES ....


;-|
Immer her damit, mein lieber Mercy. Immer her damit......

Freue mich darauf :-)
  • #442,722
  • May 16, 2011 11:34am May 16, 2011 11:34am
Quoting infinitus
Hi Ramses,

the early wave 1 is labeled wrong (or better: placed wrong). He has to push the number a little bit to the left to 4825, then wave two as ABC flat.

But maybe that all belonged to the preceding upmove with a failed fifth. On two and four hour the picture is clearer.

And you are certainly right about A=C, and we can maybe get a running flat, where A>C
Tell us what you think ... trading ops out of this move ...

Thats more interesting for us ...



BTW ... I am not convinced from your "Stressfrei" trade suggestion towards below parity ...


;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #442,723
  • May 16, 2011 11:37am May 16, 2011 11:37am
Quoting RamsesII
Oh, I meant the wave 1 he has labeled which happened yesterday where I have A in the short term count. It looks like a clear 3-wave move to me... it looks like he may just be fitting the movement today to his favoured count; maybe it's because of the bullish divergences he's seeing that makes him favour more upside.
Oh yes, I watched a few hours ago at it and wondered too.

When it is a flat (I think so too at the momemnt), then we have to lable the C wave as A-B-1-2-3-4-5
  • #442,724
  • May 16, 2011 11:39am May 16, 2011 11:39am
Quoting infinitus
Oh yes, I watched a few hours ago at it and wondered too.

When it is a flat (I think so too at the momemnt), then we have to lable the C wave as A-B-1-2-3-4-5
ok good, glad to see we're on the same page
Don't have an ego. Always question yourself and your ability.
  • #442,725
  • May 16, 2011 11:41am May 16, 2011 11:41am
Quoting AmeriTrini
How could the Euro correct over 400 pips in 4hrs when the daily candle is at 197pips, its people like you who shouldn't be giving advice or trading!
are u blind or just trying lick cloggie's ass ; read your own post the quote text does it say 400 ??
  • #442,726
  • May 16, 2011 11:49am May 16, 2011 11:49am
Quoting mercy seat
Tell us what you think ... trading ops out of this move ...

Thats more interesting for us ...



BTW ... I am not convinced from your "Stressfrei" trade suggestion towards below parity ...


;-|

Stressfrei-Trade: we will see

If we are in the C wave of the ABC-flat (wave 2), then this move up should conclude between 4282 and 4404 (162% extension of A)

Then we have to see. Maybe it is only the first part (wave A or W) of the wave 2 correction (high likelihood). The move down from the top lasted 7 days, so wave 2 should last at least 3-4 days.

We see nice divergences on higher TF's 1h, 2h, 4h. To get rid of them we have to consolidate or move higher.
  • #442,727
  • May 16, 2011 11:49am May 16, 2011 11:49am
shorted. stops @ 4250.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 27 KB
  • #442,728
  • May 16, 2011 11:51am May 16, 2011 11:51am
Quoting infinitus
Stressfrei-Trade: we will see

If we are in the C wave of the ABC-flat (wave 2), then this move up should conclude between 4282 and 4404 (162% extension of A)

Then we have to see. Maybe it is only the first part (wave A or W) of the wave 2 correction (high likelihood). The move down from the top lasted 7 days, so wave 2 should last at least 3-4 days.

We see nice divergences on higher TF's 1h, 2h, 4h. To get rid of them we have to consolidate or move higher.


Right now it seems, that we are in a subwave 4 abc flat correction. Should be safe to go long now or at 4198
  • #442,729
  • May 16, 2011 11:52am May 16, 2011 11:52am
Quoting darimik
shorted. stops @ 4250.

Attachment
I'd have done the same, however I'm sticking to my '1 trade a day'. Plus I prefer to trade only during london open.
  • #442,730
  • May 16, 2011 11:53am May 16, 2011 11:53am
Quoting darimik
shorted. stops @ 4250.

Attachment
good trade, but the going will be slow ; the bride is not yet ready for bed.
  • #442,731
  • May 16, 2011 11:53am May 16, 2011 11:53am
Quoting darimik
shorted. stops @ 4250.

Attachment
ditto..., but I've been off today...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 16 KB
Look Sharp/Trade Tight
  • #442,732
  • May 16, 2011 11:55am May 16, 2011 11:55am
we will tank soon. oil break down.
  • #442,733
  • May 16, 2011 11:55am May 16, 2011 11:55am
Quoting johnnyrei
Hi - I don;t think euro will hit 1.37. Reason being OIL. When oil goes up, euro will go up. And trust me - oil will go up...
The rise in the Euro when oil makes gains is based on reserve diversification of producer nations. This has been less evident as of late since reserves are not pouring into the Eur over concerns with Greece bla bla we all know the rest. Point being is this correlated movement is starting to unwind.
  • #442,734
  • May 16, 2011 11:56am May 16, 2011 11:56am
Quoting infinitus
Right now it seems, that we are in a subwave 4 abc flat correction. Should be safe to go long now or at 4198
Ok ... hab extra gewartet ...

This is mine ... for the next 6 Hours ...


;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-05-16_17h30 - Pivots + ZigZag A-B-C _ EURUSD _ Update A _ W-20.PNG Size: 120 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #442,735
  • May 16, 2011 11:56am May 16, 2011 11:56am
Quoting hindustani
good trade, but the going will be slow ; the bride is not yet ready for bed.
thanks. got all the time needed
  • #442,736
  • May 16, 2011 11:57am May 16, 2011 11:57am
Inserted Video
  • #442,737
  • May 16, 2011 11:58am May 16, 2011 11:58am
Quoting PayTheLimit
ditto..., but I've been off today...
yeah.. my exams are coming up which means less time to trade. well.. it could also mean less time to study. havent decided yet lol
  • #442,738
  • May 16, 2011 12:02pm May 16, 2011 12:02pm
Quoting mercy seat
Ok ... hab extra gewartet ...

This is mine ... for the next 6 Hours ...


;-|

Very nice my friend :-)
  • #442,739
  • May 16, 2011 12:04pm May 16, 2011 12:04pm
Quoting infinitus
Right now it seems, that we are in a subwave 4 abc flat correction. Should be safe to go long now or at 4198



sorry, should have read 4189 (weekly pivot)
  • #442,740
  • May 16, 2011 12:08pm May 16, 2011 12:08pm
m5 needs a lil pee break ; closing to re enter later a bit higher

+22 pips for watching funny commercials on youtube ??? hell i love trading
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 12 KB
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